Jefferies Group Comments on Premier Oil PLC’s FY2022 Earnings (PMOIY)

Premier Oil PLC (OTCMKTS:PMOIY) – Equities research analysts at Jefferies Group issued their FY2022 earnings estimates for Premier Oil in a research note issued to investors on Thursday. Jefferies Group analyst M. Wilson expects that the energy producer will post earnings of $0.49 per share for the year.

Separately, Zacks Investment Research upgraded shares of Premier Oil from a “hold” rating to a “buy” rating and set a $1.25 price target on the stock in a research report on Tuesday, December 26th.

Premier Oil (PMOIY) traded up $0.05 during mid-day trading on Friday, hitting $1.43. 717 shares of the company’s stock were exchanged, compared to its average volume of 2,390. Premier Oil has a one year low of $0.56 and a one year high of $1.43. The company has a debt-to-equity ratio of 3.11, a quick ratio of 0.79 and a current ratio of 0.81.

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About Premier Oil

Premier Oil plc is an independent exploration and production company with oil and gas interests in the North Sea, South East Asia, Pakistan, the Falkland Islands and Latin America. The Company is engaged in the business of upstream oil and gas exploration and production. The Company’s operations are located and managed in six business units: the Falkland Islands, Indonesia, Pakistan (including Mauritania), the United Kingdom, Vietnam and the Rest of the World.

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